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Polestar (PLSAD) COO discloses initial ADS and RSU holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Polestar Automotive Holding UK PLC Chief Operating Officer Jonas Håkan Engström has reported his initial holdings of the company’s equity. As of March 18, 2026, he directly holds 1,509 Class A American Depositary Shares and restricted stock units covering 440 and 1,588 additional ADSs that vest by April 1 and April 3, 2026.

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Insider Engstrom Jonas Hakan
Role Chief Operating Officer
Type Security Shares Price Value
holding Restricted Stock Units -- -- --
holding Restricted Stock Units -- -- --
holding Class A American Depositary Shares -- -- --
Holdings After Transaction: Restricted Stock Units — 2,028 shares (Direct); Class A American Depositary Shares — 1,509 shares (Direct)
Footnotes (2)
  1. F1. Each restricted stock unit ("RSU") represents a contingent right to receive on Class A American Despositary Shares. The RSUs will vest by April 3, 2026.
  2. F2. Each restricted stock unit ("RSU") represents a contingent right to receive on Class A American Despositary Shares. The RSUs will vest by April 1, 2026.

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FAQ

What does the Polestar (PLSAD) Form 3 filing for Jonas Engström show?

The Form 3 shows Jonas Håkan Engström’s initial beneficial ownership in Polestar Automotive Holding UK PLC. It lists his directly held Class A ADSs and unvested restricted stock units, establishing a baseline of his equity stake as Chief Operating Officer.

How many Polestar (PLSAD) shares does Jonas Engström directly hold?

Jonas Engström directly holds 1,509 Class A American Depositary Shares in Polestar. This figure reflects his reported direct ownership as of March 18, 2026, separate from any additional restricted stock units that may convert into ADSs when they vest.

What restricted stock units does Jonas Engström report in Polestar’s Form 3?

He reports two blocks of restricted stock units, each representing a contingent right to receive Class A ADSs: one for 440 ADSs vesting by April 3, 2026, and another for 1,588 ADSs vesting by April 1, 2026.

Are Jonas Engström’s Polestar restricted stock units already vested?

No. The filing states each RSU represents a right to receive Class A ADSs in the future. One RSU grant will vest by April 1, 2026, and the other will vest by April 3, 2026, subject to applicable vesting conditions.

Does the Polestar (PLSAD) Form 3 show any recent buying or selling by Jonas Engström?

The Form 3 records holdings rather than recent trades. It lists his existing ADS position and unvested RSUs, without reporting open-market purchases, sales, gifts, or tax-withholding transactions in connection with these positions.

SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Engstrom Jonas Hakan
(Last)(First)(Middle)
ASSAR GABRIELSSONS VAG 9
(Street)
GOTHENBURGSE-405 31
(City)(State)(Zip)
SWEDEN
(Country)		2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026		3. Issuer Name and Ticker or Trading Symbol
Polestar Automotive Holding UK PLC [ PSNY ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A American Depositary Shares1,509D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (1) (1)Class A American Depositary Shares440(1)D
Restricted Stock Units (2) (2)Class A American Depositary Shares1,588(2)D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive on Class A American Despositary Shares. The RSUs will vest by April 3, 2026.
2. Each restricted stock unit ("RSU") represents a contingent right to receive on Class A American Despositary Shares. The RSUs will vest by April 1, 2026.
Remarks:
Exhibit 24 - Power of Attorney
Chris Bailey-Gates, Attorney-in-fact03/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR